Definition of Electric utility divestiture

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TeachMeFinance.com - explain Electric utility divestiture



Electric utility divestiture

The term 'Electric utility divestiture' as it applies to the area of energy can be defined as ' The separation of one electric utility function from others through the selling of the management and ownership of the assets related to that function. It is most commonly associated with selling generation assets so they are no longer owned or controlled by the shareholders that own the company's transmission and distribution assets'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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